bank of america layoffs

[sandie]

7 hours ago, Damon said:

hey @sandie neku world lo jarige information motham ela telustundi wikileaks sister ? Damon netho friendship cheyyalani decide ayyadu 

 

Damon antee chicago lo Train station name  ee naa

[Kalam_Youtheman]

11 hours ago, bandababu said:

chala mandiki ee friday last ani chepparu anta

http://www.charlotteobserver.com/news/business/banking/article156153359.html

mana DB lo chaala mandhe unnnaru anukunta BOFA charlotte nunchii...  

[TampaChinnodu]

penta desi batch antha akkde vuntundi. BofA , Wellsfargo , JPM . 

[tennisluvr]

2 minutes ago, TampaChinnodu said:

penta desi batch antha akkde vuntundi. BofA , Wellsfargo , JPM . 

Charlotte lo inko aanimutyam client undi TIAA CREF ani. 

Pani takkuva penta politics ekkuva entha sepu

[TampaChinnodu]

Bank of America Is Laying Off Operations and Tech Employees, Mostly at Its Headquarters

Reuters

Jun 14, 2017

 

 

Bank of America (BAC, -0.93%) has begun laying off employees in its operations and technology division, part of the second-largest U.S. bank's plan to cut costs.

On Wednesday the bank cut jobs across that division, many of which came from its Charlotte, N.C., headquarters, a spokesman said. He would not specify the number of jobs lost.

 

The cuts come as Bank of America is aiming to cut costs to boost financial targets Chief Executive Brian Moynihan has set.

Although Bank of America is also hiring, the employees that it is trying to reduce cost more than those who are joining, Moynihan said at a conference last month. The bank has also been cutting costs by shuttering data centers and moving information to less costly systems run by technology firms.

For any large bank, technology and operations costs run high. Old systems are reliable but dated, while new ones are expensive to develop.

[THOTTIGANG]

koni team lo extensions chestunaru.....ma team lo kuda layoffs ayayi eh week

[TampaChinnodu]

Just now, THOTTIGANG said:

koni team lo extensions chestunaru.....ma team lo kuda layoffs ayayi eh week

Is it true that FT vallaki h1 extensions cheyyatam ledu ani ? or is it just a rumor ?

[TampaChinnodu]

32 minutes ago, TampaChinnodu said:

Bank of America Is Laying Off Operations and Tech Employees, Mostly at Its Headquarters

Reuters

Jun 14, 2017

 

 

Bank of America (BAC, -0.93%) has begun laying off employees in its operations and technology division, part of the second-largest U.S. bank's plan to cut costs.

On Wednesday the bank cut jobs across that division, many of which came from its Charlotte, N.C., headquarters, a spokesman said. He would not specify the number of jobs lost.

 

The cuts come as Bank of America is aiming to cut costs to boost financial targets Chief Executive Brian Moynihan has set.

Although Bank of America is also hiring, the employees that it is trying to reduce cost more than those who are joining, Moynihan said at a conference last month. The bank has also been cutting costs by shuttering data centers and moving information to less costly systems run by technology firms.

For any large bank, technology and operations costs run high. Old systems are reliable but dated, while new ones are expensive to develop.

Capitol one also doing the same. Moving to AWS.

[THOTTIGANG]

6 minutes ago, TampaChinnodu said:

Is it true that FT vallaki h1 extensions cheyyatam ledu ani ? or is it just a rumor ?

rumor bro..ma team vallaku last month extensions file chesaru

[TampaChinnodu]

Just now, THOTTIGANG said:

rumor bro..ma team vallaku last month extensions file chesaru

That is what I thought too

[Damon]

15 hours ago, sandie said:

 

Damon antee chicago lo Train station name  ee naa

Vayyoo vampire diaries series lo character name 

[Mitron]

On 6/15/2017 at 7:29 AM, sandie said:

Yes. Inka fulltimers ki assalu h1 extensions cheyyam annaru anta.

 

Layoff chese badulu idhi chebte automatic ga valle resign chestar ga

[naga_snake]

6 hours ago, TampaChinnodu said:

That is what I thought too

alaaa thoutaka pothe bathakalem bro ... madisi aashaa jeevi 

[sandie]

8 hours ago, Damon said:

Vayyoo vampire diaries series lo character name 

vaallevaru

[princeofheaven]

8 hours ago, Mitron said:

Layoff chese badulu idhi chebte automatic ga valle resign chestar ga

hyd lo offshore undi bofa ki akkada ki transfer ivvochu